Why does the closing take place at the Title Company?
The Title Company will perform a search on the existing property to provide the buyer and lender with clear title to the property. The Title Company may also coordinate and collect information from the termite company, land surveyor, hazard insurance company and real estate agent (if applicable) to complete the closing.
The Title Company will perform a search on the existing property to provide the buyer and lender with clear title to the property. The Title Company may also coordinate and collect information from the termite company, land surveyor, hazard insurance company and real estate agent (if applicable) to complete the closing.
Related Questions
- Why hire a real estate attorney for a closing if the parties are represented by real estate agents and can use a title company instead?
- The title company has found a lien on the property. Who should I contact to get the lien released at closing?
- What are the advantages of having an attorney handle the closing instead of a title company?